Is Essex, MD 21221 a buyer’s or seller’s market?
Essex is a seller’s market. With about 3.2 months of supply and 36% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 72% of U.S. ZIP codes, and #110 of 241 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Essex housing market right now
In the three months ending August 31, 2026, 36% of homes in Essex, MD 21221 sold above their list price, the typical home went under contract in 34 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 101 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (36% then), homes sold about as fast and the median sale price fell 4% to $284,877. Overall, Essex is about as competitive as it was a year ago.
Within Baltimore County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell less often over asking than in 54%. On our competition score, Essex ranks #110 of 241 MD ZIP codes with enough sales (score 69 out of 100).
Nearby, buyers who want less competition could look at Upperco 21155 (0% sold over asking) or Hydes 21082 (0% sold over asking), while Catonsville 21228 (63% sold over asking) and Monkton 21111 (61% sold over asking) are even more competitive.
Run the numbers for 21221
Nearby markets
Baldwin 21013Seller’s market $238 /sq ftBaltimore 21209Seller’s market $215 /sq ftButler 21023 $99 /sq ftCatonsville 21228Seller’s market $239 /sq ft Browse all markets →Towns like Essex nearby
Find towns like Essex in other states →Where Essex is
Loading map…
Questions about Essex real estate
Is Essex a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Essex, MD 21221 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Essex?
The typical home went under contract in 34 days in the latest three months.
Do homes in Essex sell over asking?
36% of homes sold above their original list price, and the typical sale closed at 100.6% of the list price.
What are property taxes in Essex?
About 1.07% of a home’s value a year in Baltimore County, or roughly $4,280 on a $400,000 home.
What is the median home price in Essex?
The median sale price was $284,877 in the three months ending August 31, 2026, about $187 per square foot.
Local agents
See all agents in 21221 →No sponsored agents in 21221 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 21221
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology